VR Relative Strength
VR Relative Strength - Safe,stable and quite simple trading robot based on Relative Strength index. Virtual take profit and stop loss, orders always set with ISL in case a loss of connection between broker server and terminal occur to secure funds if a sudden market move arise in the wrong direction. Additionally, trailing stop and break even available to secure position profits.
- Default expert settings operational on EURUSD, any time frame. Other symbols may require optimization and this is done with 'open prices' only
- This is not a scalper and trades may be less frequent, patience required as this expert aims for the long run!
- You can start with as low as $50 based on leverage 500
- Does not interfere with other experts you may run at the same time on your account
- Broker/spread sensitive? - No
Interested in similar products based on the same index?
- Simple RSI Unlimited - https://www.mql5.com/en/market/product/55934
- RSI Multi Expert - https://www.mql5.com/en/market/product/58581
- Range RSI Trader MT5 - https://www.mql5.com/en/market/product/50707
- Spread and time filters
- Risk assessment - Trade with fixed sized or % sized contracts
- Trailing stop and break even
Expert menu category settings
- General expert settings - Expert properties,magic number,slippage and spread filter
- Risk assessment - Trade with fixed contracts or by the use of money management
- Relative Strength index - Inverted mode,high/low level,time frame,period and price
- Order settings - Virtual order take profit and stop loss pips
- Trailing stop - Start and step pips
- Break even - Trigger and padding pips
- Trading time filter - GMT offset,start and stop
- Symbol presets,report a bug or just having a question?